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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES:      
Total revenues $ 38,954 $ 54,213 $ 54,087
COSTS AND EXPENSES:      
Cost of Goods and Services Sold 25,487 39,801 41,603
Operating expenses 3,218 3,294 3,089
Depreciation, depletion and amortization 3,678 3,147 2,859
Selling, general and administrative 711 694 702
Impairment losses 2,880 74 431
Total costs and expenses 35,974 47,010 48,684
OPERATING INCOME 2,980 7,203 5,403
OTHER INCOME (EXPENSE):      
Interest expense, net of interest capitalized (2,327) (2,331) (2,055)
Equity in earnings of unconsolidated affiliates 119 302 344
Impairment of investments in unconsolidated affiliates (129) 0 0
Losses on extinguishments of debt (75) (18) (112)
Gains (losses) on interest rate derivatives (203) (241) 47
Other, net 12 105 62
Income from continuing operations before income tax (expense) benefit 377 5,020 3,689
Income tax expense (benefit) from continuing operations 237 195 4
INCOME FROM CONTINUING OPERATIONS 140 4,825 3,685
Loss from discontinued operations 0 0 (265)
NET INCOME 140 4,825 3,420
Less: Net income attributable to noncontrolling interests 739 1,256 1,632
Less: Net income attributable to redeemable noncontrolling interests 49 51 39
NET INCOME ATTRIBUTABLE TO PARTNERS (648) 3,518 1,749
General Partner’s interest in net income (1) 4 3
Convertible Unitholders’ interest in net income 0 0 33
Limited Partners’ interest in net income (loss) $ (647) $ 3,514 $ 1,713
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT (USD $ per unit):      
Basic $ (0.24) $ 1.34 $ 1.21
Diluted (0.24) 1.33 1.20
NET INCOME PER LIMITED PARTNER UNIT (USD $ per Unit):      
Basic (0.24) 1.34 1.20
Diluted $ (0.24) $ 1.33 $ 1.19
Refined product sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax $ 10,514 $ 16,752 $ 17,458
Crude sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 9,442 15,917 14,425
Natural gas sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 2,633 3,295 4,452
Gathering, transportation and other fees      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 8,982 9,086 6,797
NGL sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 6,797 8,290 9,986
Other      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax $ 586 $ 873 $ 969